A former real-estate sales manager explains that running a fund is really a sales job. Success means being good at talking to people and understanding what they need. They find investors on LinkedIn.
Can I ask you a couple questions? Uh, wow, I knew that already. Um, oh, that's good advice. What's the secret or what's the key to getting, becoming a fund manager? Like, what did you do before this?
Um, I was in real estate sales, but I also grew up in multifamily. I'm second generation, so property management. But I would definitely say fund management, you're in sales and marketing. Um, so I'd say you have to be good at talking to people and understanding what they're looking for.
How are you finding investors?
On LinkedIn.
Doing what?
I just, you know, post content and I engage in the DMs and I build relationships over time, and that's how I get my investors. And what's a typical investor invest with So it can depend. I have some that put in like $500K, some have put in like $100K over 5 deals, some putting $200K. It really depends on what they're looking to do. Once again, it depends on their goals.